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Besides European and American options, there exists an option called Asian. Put Asian options pay the strike price minus the average price of the underlying

Besides European and American options, there exists an option called Asian. Put Asian options pay the strike price minus the average price of the underlying as long as this difference is positive. Which of the following inequalities about the options premium is TRUE:

a) American > European > Asian

b) Asian > American > European

c) European > American > Asian

d) Asian > European> American

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